Economy - TRENDS MENA

Equities rose in Asia on Wednesday as traders took in their stride a warning from Federal Reserve boss Jerome Powell...

The bank's profit got a boost due to higher interest rates.
Shareholders would receive a payout of around 40% of the group's underlying profit, divided equally between cash dividends and share buybacks
Central banks have hiked interest rates worldwide in an effort to tame runaway inflation.
The budget deficit will swell to five billion dinars (more than $16 billion) for the year starting in April, up...
The state spending will rise by 11.7 percent to more than $86 billion, with 80 percent going on civil service wages and public subsidies
Oil revenues are expected to fall by 19.5 percent, they were calculated based on a price of $70 per barrel -- lower than last year's prices
According to a study, GEA also authorised permits for almost 1,300 entertainment shows until the end of last year.
According to a study, GEA also authorised permits for almost 1,300 entertainment shows until the end of last year
The authority has provided above 630 permits in the field of art and entertainment talent management, the report added
High-tech workers organised their second protest against the measures on Tuesday in central Tel Aviv.
High-tech workers organised their second protest against the measures on Tuesday in central Tel Aviv
Leading Israeli economists have warned that the proposed reforms will do "long-term harm" to the Israeli economy
Vienna, Austria--A committee of major oil producers recommended Wednesday to maintain the cartel's current reduced output strategy, as the global economic...
The 13 members of the OPEC led by Riyadh and their 10 allies led by Moscow agreed last October to reduce output by two million barrels per day until the end of this year.
Oil prices spiked following Russia's invasion of Ukraine in February 2022
The pacts were signed on the sidelines of the Saudi-Omani Investment Forum which is held in Riyadh under the theme...
The pacts were signed on the sidelines of the Saudi-Omani Investment Forum which is held in Riyadh under the theme of "Partnership and Integration"
The four-day forum aims to build sustainable partnerships in key sectors and contribute to enhancing mutual interests between the two sides
Hours after the US Federal Reserve upped its target interest rate by a quarter of a percentage point, many central...
The UAE central bank has decided to raise the base rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points
The US central bank said in a statement that Inflation has eased somewhat but remains elevated
The majority of the EU's response involves repackaging already existing funds, a stop-gap measure that has earned much criticism. German...
The measures are a response to a landmark US spending bill last year that funnels $370 billion into subsidies for America's energy transition.
While countries like France support state aid expansion, others argue that would help only richer member states and fragment the single market.
The features of the new Standard include standardization of the accounting measurement models for insurance and reinsurance companies around the...
The features of the new Standard include standardization of the accounting measurement models for insurance and reinsurance companies around the world
SAMA had committed to a seamless adoption of the IFRS 17 in Saudi Arabia, as a member of the G20, rolling out a transition plan in four phases in 2018
The index shows that Jordan scored 47 points and is ahead of 119 countries in combating corruption, including Malaysia, China,...
The index shows that Jordan scored 47 points and is ahead of 119 countries in combating corruption, including Malaysia, China, Bahrain, Kuwait, Turkey and Egypt
Transparency International said that the anti-corruption index showed that little progress had been made in combating corruption with an increase in violence around the world